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In article . net,
Maxprop wrote: "Peter Wiley" wrote in message . .. In article . net, Maxprop wrote: "Peter Wiley" wrote in message . .. So - tell me why you own a French yacht when there are so many more expensive and inferior US made ones available. She bought her boat used, Pete. It was the best boat available in her price range at the time. Oh, I don't doubt it. Point is, tho, that Katy coulda bought a new US made boat for a higher price and thereby supported US industry. It might have been a smaller boat, or a worse equipped boat, or whatever, of course. They had just sold their smaller, US-built boat, and another smaller US-built boat before that, IIRC. Chanteuse was a substantial size upgrade. Perfectly rational decision - as far as 'rational' can be used WRT boats anyway. Buy the best you can for the dollars you have available. So - what's the difference with foodstuffs? Why insist that people have to buy US grown produce instead of cheaper imported produce, when the same logic isn't applied to other items - like boats. That's my point. Your point is correct. The vast majority of goods sold in the USA are of foreign manufacture now. I'm always a bit amazed when I discover the product I've bought is of local manufacture. Last figures I saw said the trade deficit between the US and China was something like 78-22. One only has to watch container ships entering and leaving San Francisco Bay to see this--the incoming are loaded and way down on their waterlines, while the departing vessels have empty containers and are riding high. That's unsustainable in the longer term too, I think. We run trade deficits with the USA. At the moment the Chinese demand for raw materials is helping our economy along, haven't checked but I'd bet we're running a fat surplus and our exports to China are in USD. You're a nett importer of goods. I can't see how you can keep running a country where your chief export seems to be US dollar debt. PDW |
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